Media General

Richmond, United States Founded: 1969 • Age: 57 yrs Acquired By Nexstar Broadcasting
Producer and distributor of local and national news, sports, and entertainment content
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About Media General

Media General is a company based in Richmond (United States) founded in 1969 was acquired by Nexstar Broadcasting in January 2016.. Media General has completed 6 acquisitions, including Blockdot, DealTaker and KCTV5.

  • Headquarter Richmond, United States
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $915 M (USD), Debt – Conventional

    Dec 01, 2014

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Blockdot

    & 5 more

  • Acquired by
    Nexstar Broadcasting

    (Jan 27, 2016)

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Funding Insights of Media General

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $915.0M
  • First Round

    (01 Dec 2014)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2014 Amount Debt – Conventional - Media General Valuation

investors

Dec, 2014 Amount Debt – Conventional - Media General Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Media General

Media General has secured backing from 1 investor. Prominent investors backing the company include Nexstar Broadcasting. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Television stations are owned and operated in 62 US markets.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Media General

Media General has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Blockdot, DealTaker and KCTV5. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online and mobile casual games are developed by Blockdot.
2005
Coupons platform for online purchases
2004
Television and digital media company
1996
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Media General

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Media General Comparisons

Employees
+
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Competitors of Media General

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Media General

Frequently Asked Questions about Media General

When was Media General founded?

Media General was founded in 1969 and raised its 1st funding round 45 years after it was founded.

Where is Media General located?

Media General is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.

What does Media General do?

Producer and distributor of local and national news, sports, and entertainment content across television and digital platforms. This includes the operation of television stations, networks, and digital properties. The company produces a significant amount of programming annually and offers advertising opportunities across its various media channels. Its digital division provides content publishing, marketing, and video advertising services. The organizations holdings encompass a major broadcast network and national news network.

How many acquisitions has Media General made?

Media General has made 6 acquisitions, including Blockdot, DealTaker, and KCTV5.

Who are Media General's investors?

Media General has 1 investor. Key investors include Nexstar Broadcasting.

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